secwatch.observer — SEC 8-K summary
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Issuer:     HUBSPOT INC (HUBS)
CIK:        0001404655
Form:       8-K
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0000950170-23-037188
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HubSpot Q2 revenue $529M (+25% YoY); non-GAAP EPS $1.34 beats; customers up 23%
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- Revenue $529.1M (+25% YoY); subscription revenue $517.7M (+26%).
- Non-GAAP operating income $74.2M (14.0% margin) vs $29.4M (7.0%) in Q2'22.
- GAAP net loss ($118.9M) or ($2.39)/share; non-GAAP net income $70.0M or $1.34/diluted share.
- Customers grew 23% YoY to 184,924; average subscription revenue per customer $11,432 (+2%).
- Q3 guidance: rev $532-534M, non-GAAP EPS $1.22-1.24; FY2023 rev $2.116-2.122B, non-GAAP EPS $5.24-5.29.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1404655/000095017023037188/0000950170-23-037188-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1404655/000095017023037188/hubs-20230802.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-037188

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